Manufacturing Conditions Improve Marginally in September: PMI

The S&P Global US manufacturing PMI — another measure of manufacturing — edged up to 52 in September, up from 51.5 in August, recovering for the first time in three months after reaching its lowest level in two years.

Last month’s recovery was driven by renewed expansions in output and new orders, though operating conditions across the US manufacturing sector remained relatively subdued.

David Schollaert

David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

David Schollaert

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